Could you please help me solve the accounting below? Please see the attached file. Please help to do it step-by-step with all the workings and solutions. Thank you very much!

[The following information applies to the questions displayed below.] Beck Inc. uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the accounting records provided the following information for product 2: Unit Cost Inventory, Dcember 31, prior year For the current year: 7600 $ 8 Purchase, March 5 Purchase, September 19 Sale ($29 each) Sale ($31 each) Operating expenses (excluding income tax expense) 19,600 0,600 8,600 16,600 2 $406,000